IRVING, Texas (AP) 鈥� IRVING, Texas (AP) 鈥� Caterpillar Inc. (CAT) on Tuesday reported second-quarter earnings of $3.59 billion.
On a per-share basis, the Irving, Texas-based company said it had net income of $7.77. Earnings, adjusted for restructuring costs, came to $8.17 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $6.25 per share.
The construction equipment company posted revenue of $20.54 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $19.31 billion.
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